It’s a superlative achieved again and again: The current election cycle is the most expensive on record, according to AdImpact, likely to be surpassed only by the next one. North of $16 billion have been raised ahead of Tuesday’s looming elections, with ad spending in House and Senate races topping $4 billion. Mega-donors this election season have overwhelmingly backed Republicans with contributions largely flowing from AI, crypto, and online gambling interests. Related AIPAC Isn’t Retreating. Here’s How It’s Already Shaping the Next Congress. The Intercept tracked how super PAC spending is flowing into the midterms and how growing public...
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